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NEW YORK (CNNMoney)
The S&P 500, the Dow Jones industrial average and the Nasdaq all held modest gains in early trading.
McDonald's (MCD, Fortune 500) shares fell after the fast food chain reported earnings that met expectations, but global sales growth was tepid. Halliburton (HAL, Fortune 500) shares fell after the oil field services company's earnings met expectations.
Netflix (NFLX) is among the companies slated to release quarterly results after the market closes.
Related: Fear & Greed Index, back to greed
On the economic front, the National Association of Realtors said existing home sales fell 1.9% in September. The group said rising interest rates and the fallout from the government shutdown will weigh on the housing market in the months ahead.
Stocks finished higher Friday, continuing a rally in the aftermath of the end of U.S. government debt and budget crisis.
Peter Cardillo, chief economist at Rockwell Global Capital, said the rally "seems to have long legs," driven by decent earnings reports. But he added that "the market will be looking for an excuse" to pull back by 1% or 2%. That excuse, he said, might be the October jobs report, which will be released Tuesday after being delayed by the partial shutdown of the federal government.
Related: Nothing holding the market back
Bank stocks were in focus following news that JPMorgan Chase (JPM, Fortune 500) and the Department of Justice have tentatively agreed to a $13 billion civil settlement to resolve several investigations into the bank's mortgage securities business.
European markets were mixed in midday trading. Asian markets closed higher Monday. 
First Published: October 21, 2013: 9:43 AM ET
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